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🏠 Mortgage Calculator

Not "what's my payment" — what happens if you pay extra, use an offset account, or refinance. See the real impact on your payoff date and total interest.

📋 Your current mortgage — starting today

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years months
%
Your estimated current payment (from balance, term & rate) $0

💰 Extra repayments

$
$
$

Common in Australia, available at some NZ/UK lenders, not available in the US. Interest is calculated on your balance minus this offset amount. Assumes this balance stays the same for the rest of your loan — adjust the figure to model different scenarios.

Enter your mortgage details above to see your results.

🔁 What if you refinanced?

This is "the math if" — you enter a rate to explore, and we do the arithmetic. It's not a search for real available rates or lenders (that's what the AI tool below will do).

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$

Typical Australian discharge/application fees — edit to match your own quote.

✨ AI Recommendation — Coming Soon

Want to know what refinance deals are actually available to you?

The math above is free — and it always will be. What it can't do is tell you which lenders will actually approve you, at what real rate, today. Our upcoming Refinance Advisor AI will search current rates and lenders matching your situation and hand you a shortlist, so you don't have to spend an afternoon comparing five bank websites yourself.

No affiliate links, no product steering — just an honest, personalized plan.

Why extra repayments matter more early

An extra $200/month on your mortgage saves more in year 2 than the same $200/month in year 20. That's because interest is calculated on your remaining balance — the earlier you cut that balance, the less interest compounds against you over the life of the loan. This is also why refinancing to a lower rate late in a loan term often saves less than people expect: most of the interest has already been paid.

If you're deciding between extra repayments and an offset account, the practical difference is flexibility: extra repayments usually can't be withdrawn without a hardship process, while offset account funds stay accessible.

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